ICR, a leading strategic communications firm, today announced the top picks for its 2014 Best Restaurant Stock Pick Competition. Stock picks were made by a slate of leading sell-side equity research analysts ahead of the 16th Annual ICR XChange, which will be held January 13-15, 2014 in Orlando, Florida.
Bryan Elliott, Managing Director of Equity Research, and Brian Vaccaro, Senior Research Associate, Raymond James were the winners of 2013’s stock pick competition for their choice of Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB), which rose 108 percent in 2013. Raymond James has now won ICR’s Best Restaurant Stock Pick Competition three times in the last five years.
“This is the fifth year we’ve run our restaurant stock picking competition, and it’s become one of the highlights of the XChange. Last year’s participants made great selections. An investor who purchased the entire recommended list would have generated a 52 percent annual return, which compares favorably to the S&P 500 gain of 30 percent,” said Tom Ryan, Chief Executive Officer, ICR. “Congratulations to Bryan Elliott and Brian Vaccaro for making the best pick of 2013 and for their exceptional track record in winning our annual contest. We’ll be closely watching how the 2014 entrants into the ICR Best Restaurant Stock Pick Competition fare over the course of the year.”
The participating analysts’ predictions for the best performing restaurant stock of 2014 include:
The best stock picks of 2013 as selected by ICR’s restaurant panel in January 2013 were Bravo Brio Restaurant Group, Inc. (NASDAQ: BBRG); Brinker International, Inc. (NYSE: EAT); Burger King Worldwide, Inc. (NYSE: BKW); Chipotle Mexican Grill, Inc. (NYSE: CMG); Del Frisco’s Restaurant Group, Inc. (NASDAQ: DFRG); Krispy Kreme Doughnuts, Inc. (NYSE: KKD); Panera Bread Co. (NASDAQ: PNRA); Red Robin Gourmet Burgers Inc. (NASDAQ: RRGB); and Starbucks Corporation (NASDAQ: SBUX).
Established in 1998, ICR partners with companies to develop and execute strategic communications programs that achieve business goals, build credibility, and enhance the long-term value of the enterprise. The firm’s highly differentiated service model, which pairs capital markets veterans with senior communications professionals, brings deep sector knowledge and relationships to clients in more than 20 industries. Today, ICR is one of the largest and most experienced independent advisory firms in North America maintaining offices in Boston, Connecticut, Los Angeles, New York, San Francisco and Beijing.
Learn more at www.icrinc.com. Follow us on Twitter at @ICRPR.
About ICR XChange
The ICR XChange is a unique platform where public and private company management teams, institutional investors, sell-side research analysts, investment bankers, private equity professionals and select media connect with one another with the goal of understanding consumer trends and public company prospects as the year begins. The event is one of the largest investment conferences of the year, featuring presentations by more than 150 public and private companies, with attendance regularly exceeding 1,500.
For more information please visit www.icrxchange.com.